Continue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions & in-depth stock reportsSubscribe NowETUnlock Access to All Exclusives with ETPrime FREE TRIAL15 Days Free: Unlock All ETPrime Exclusives, Market Tools & ePapersTrial offer expiring in00 : 05 : 00Uh-oh! This is an exclusive story available for selected readers only.Worry not. You’re just a step away.Prime Account Detected!It seems like you're already an ETPrime member withLogin using your ET Prime credentials to enjoy all member benefitsLog out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits.Unlock ETPrime's Exclusive Stories Today!Subscribe to gain powerful insights on business, stock market and industry trends.Big Price Drop! Flat 40% OffStudent Only OfferAlready a Member? Sign In nowAlready a Member? Sign In nowAlready a Member? Sign In nowOffer Exclusively For YouSave up to Rs. 700/-ON ET PRIME MEMBERSHIPAvail OfferOffer Exclusively For YouGet 1 Year FreeWith 1 and 2-Year ET prime membershipAvail OfferOffer Exclusively For YouGet 1 Year FreeWith 1 and 2-Year ET prime membershipAvail OfferOffer Exclusively For YouGet Flat 40% OffThen ₹ 1749 for 1 yearAvail OfferOffer Exclusively For YouET Prime at ₹ 49 for 1 monthThen ₹ 1749 for 1 yearAvail OfferNeed Assistance?
US Treasury undertakes intervention in yen market, FT reports
The United States Treasury intervened in yen exchange rates on Friday. This action supported the Japanese currency through outright purchases by the Treasury. The Federal Reserve Bank of New York conducted a sale of euros. This sale was done to buy yen on behalf of the Treasury. These details were reported by the Financial Times citing familiar sources.










